Burnham backs plan to pump £1bn pension funds into start-ups

cityam

Jul 27

A new scale-up fund back by pensions will invest in tech. (Rousseau/PA Wire) Andy Burnham’s government is set to spearhead a new £1bn fund that will channel cash from some of the country’s biggest ...

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(Rousseau/PA Wire) Andy Burnham’s government is set to spearhead a new £1bn fund that will channel cash from some of the country’s biggest ...</p>\n\n<a href=\"https://www.cityam.com/burnham-backs-plan-to-pump-1bn-pension-funds-into-start-ups/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Burnham backs plan to pump £1bn pension funds into start-ups</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBurnham backs plan to pump £1bn pension funds into start-ups\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-27 17:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/burnham-backs-plan-to-pump-1bn-pension-funds-into-start-ups/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A new scale-up fund back by pensions will invest in tech. (Rousseau/PA Wire) Andy Burnham’s government is set to spearhead a new £1bn fund that will channel cash from some of the country’s biggest ...</p>\n\n<a href=\"https://www.cityam.com/burnham-backs-plan-to-pump-1bn-pension-funds-into-start-ups/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LPPI","symbol_name":"LEEP, Inc.","start_time":0,"source_url":"https://www.cityam.com/burnham-backs-plan-to-pump-1bn-pension-funds-into-start-ups/","article_id":"2654015479","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/07/Healey-1.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/burnham-backs-plan-to-pump-1bn-pension-funds-into-start-ups/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2654015479","pubTimestamp":1785143901,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"A new scale-up fund back by pensions will invest in tech.  Andy Burnham’s government is set to spearhead a new 1bn fund that will channel cash from some of the country’s biggest pension schemes into start-ups.Pension funds including Nest, the workplace scheme set up by the government, Railpen, Border to Coast and the Local Pensions Partnership Investments  are set to back the new government-led investment intitiative.Given the title of the UK Scale-up Fund, the investment vehicle would look to support tech, life sciences and other innovative businesses taking on more work and employing more staff.The British Business Bank and the Office for Investment, which is a body within the Treasury, will back the new fund with cash and support.The government will now seek to appoint a manager to lead the proposed fund.Pension funds called to help Andy Burnham said the vehicle would help “reindustrialise Britain and create the jobs of the future”.Business secretary Jonathan Reynolds said: “The amb","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LPPI":"LEEP, Inc.","ITDE":"ISHARES LIFEPATH TARGET DATE 2045 ETF","BK4086":"建筑产品"},"translate_title":"伯纳姆支持向初创企业注入 10 亿英镑养老基金的计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ITDE":1.5,"LPPI":1},"content_text":"A new scale-up fund back by pensions will invest in tech. (Rousseau/PA Wire) Andy Burnham’s government is set to spearhead a new £1bn fund that will channel cash from some of the country’s biggest pension schemes into start-ups. Pension funds including Nest, the workplace scheme set up by the government, Railpen, Border to Coast and the Local Pensions Partnership Investments (LPPI) are set to back the new government-led investment intitiative. Given the title of the UK Scale-up Fund, the investment vehicle would look to support tech, life sciences and other innovative businesses taking on more work and employing more staff. The British Business Bank and the Office for Investment, which is a body within the Treasury, will back the new fund with cash and support. \n\nThe government will now seek to appoint a manager to lead the proposed fund. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPension funds called to help Andy Burnham said the vehicle would help “reindustrialise Britain and create the jobs of the future”. Business secretary Jonathan Reynolds said: “The ambition of major pension providers to back the next generation of British success stories is an important vote of confidence in UK innovation.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}